this post was submitted on 21 Nov 2024
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[–] [email protected] 2 points 1 day ago

I'm of the impression this is the same dynamics as seen in other competitive appealing activities where almost anybody can join and dream of becoming famous and rich, like starting a band or a YouTube channel, playing sports and - according to Freakonomics - drug dealing. The profit distribution is extremely skewed towards the top, leaving most of the participants with wages well below average.